A Loan Management System is a digital platform which assist lenders in automating and streamlining entire loan life cycle including loan servicing, reporting, customer care, syndication and customer monitoring. It acts as a centralized data storage unit which is used for retaining and managing customer information, creating new loans, and keeping a record of all financial statements for the lenders. Thus, it offers an integrated overview of all the different processes of the lending lifecycle. This unified platform also has built in analytic modules that can be utilized for providing useful analysis and insights into automating the entire loan cycle as well as comprehensive reports on the cash flow. Primarily used by banks and credit unions, it provides easily deployable and scalable integrated loan management solution to traditional paper-based method of servicing loans.
"Mapping Out Pennant's Comprehensive Lending Lifecycle Solutions"
Overall experience has been good starting from requirements to mapping with product features and delivery of customizations. The leadership is experienced and knowledgeable having subject matter expertise. Their vision is long term and future oriented. Further despite several highs and lows, relationship has been maintained very well.
"Robust & Stable"
Well established and is in a position to provide support aligned to the requirements
"Good product with good support"
Good post purchase support, easy to understand, response time is good.
"Highly Scalable and Customer Centric Loan Management System"
Ebix Lending Management System is an all round LMS that has helped us launch products with ease and very less development. It provides industry standard canned reports and dashboards with options to integrate with Tableau. It can be tightly integrated with Mobile Apps and customer portals to empower customers.
"Digital Sign-Up Simplifies Loan Application Process"
It's easy to use layout, detailed loan application forms are great and also their digital sign-up process reduced the number for pending forms
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